JIM ROGERS

Friday, March 15, 2013

A Huge Money-Making Potential in Agriculture

Jim Rogers says, if you are going to keep assets in the U.S., farmland is
the best option. "Farmland is a great way to preserve your wealth and
increase your wealth, if you can stay with it."
Even with farmland
sales topping $20,000 per acre, he doesn’t believe the market is in a
bubble. But, you won't see him at Midwestern land auctions dropping that
kind of cash.
Instead, he says there are greater profits to be
made buying land in other parts of the world, such as Paraguay, Africa
and other developing nations. "Percentage gains will be higher in other
countries than the U.S., he says.
Rogers says if the U.S.
continues to have large debt issues, which is likely, agriculture will
become more and important. "When a currency declines, the people who
have real assets are the ones that make money. If the dollar collapses,
one of the few ways you’ll be able to reserve you wealth, and even make
money, is through productive farmland." - in agweb

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

James "Jim" Rogers was born in Oct. 19, 1942 and grew up in Demopolis, Alabama .Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%. They ran what is considered to be one of the first truly global macro hedge funds.. In 1964 he got his first job on Wall Street at Dominick & Dominick in the summer between high school and Yale University, that's how he got his first experience with stocks and bonds. He immediately fell in love with the job. After Oxford, he returned to the U.S. and joined the army in 1970 he returned to Wall Street, working again with Dominick & Dominick. That same year he joined Arnold S. Bleichroeder, where he met George Soros, and together founded the Quantum Fund. This has opened a new era of global macrotrading and inspired numerous imitations and spin-offs. In the book "Money Masters of Our Time," Jim Rogers writes about that time "the most important thing in my life was work. I did not do anything until I had completed my work." To emphasize this professional ethic , it is good to remember that he did not made any holiday for ten years. In 1980, Jim Rogers has decided to "retire" at 37 years. Since then he has spent much of his time traveling and supporting the causes of philanthropic and taking on many high profile roles in the media. However, he continues to be an active investor and media commentator

Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "

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Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry investor George Soros before retiring, a multi millionaire at the age of 37.

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